Supply: Baldwin County condo inventory totaled 698 units, a decrease of 24 percent, or 225 units, from January 2016. The inventory was down 3 percent from the prior month. Historical patterns indicate that January inventory on average (2012-16) increases 2.6 percent from December. Condo inventory during January peaked in 2011 at 1,322 units. The inventory is down 47 percent from the peak. During January, the condo supply stood at 5.8 months, down from 10.4 months during January 2016.